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Barinthus is offline Barinthus
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A Magical Moment...
Jan 2004
time: 21:21
  Old Post 28-06-2005 20:24
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Curious to your thoughts on this,

One interesting thing - soCalifornians are always *****-ing about how expensive San Francisco is while this whole time, Los Angeles is considered to be more expensive. Having some prime real estate in Santa Monica and Beverly Hills probably did not help.

quote:

World's most expensive cities
Survey: Tokyo and Osaka take top spots, followed by London, Moscow and Seoul.

June 22, 2005: 2:40 PM EDT
NEW YORK (CNN/Money) – It's hard to make New Yorkers feel good about the absurd amounts of money required to live comfortably in Gotham. But a survey out this week might at least make them feel a little better.

That's because Tokyo continues to earn the dubious distinction of being the world's most expensive city to live in, according to a survey released this week by Mercer Human Resources Consulting.

No. 2 on the list is Osaka, another major Japanese city, which moved up from its fourth place ranking last year.

Osaka's ascent pushed London to No. 3, and Moscow to No. 4.

Coming in fifth is Seoul, which ascended two spots from its position in last year's survey.

As for New York, it fell one spot in the rankings to No. 13 on a worldwide basis, tying it with Dublin.

But New York still ranks No. 1 in North America, followed by Los Angeles, which ranks No. 44 on a worldwide basis, White Plains, N.Y. which ranks No. 45, and San Francisco which ranks No. 50.

Mercer conducts the survey to help multinational companies and governments determine how much to pay their expatriate employees. The survey includes 144 cities across the world, and measures costs including housing, food, clothing, transportation and entertainment.

So, if your company is shipping you off to Tokyo and you're negotiating compensation, you might remind them that a luxury two-bedroom apartment unfurnished might cost you $4,595 a month.

And you also might remind them that with coffee running at over $4 a cup, there is some risk you'll be less productive due to loss of caffeine unless you're adequately paid.

If you're making a move domestically, and you're interested in finding the place where your dollar will go the farthest, try Winston Salem, N.C., which is the least expensive U.S. city surveyed and ranks No. 119 on a worldwide basis. Heading north, Ottawa will provide you with the most bang for your buck in North America.

If you head south to South America, you'll encounter some of the world's least expensive cities due to the lingering effects of the devaluation of the Argentine currency in 2002 and subsequent financial crisis, Mercer said. Asuncion, Paraguay, again ranks as the world's least expensive city, according to the survey. It is closely preceded by Buenos Aires, Montevideo and Caracas.

To see Mercer's full list of cities by rank, click on the graphic above.

Find this article at:
http://money.cnn.com/2005/06/21/pf/...ities/index.htm

Barinthus is offline Barinthus
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Jan 2004
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  Old Post 28-06-2005 20:26
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Here's the list.

World's most and least expensive cities
Source: Mercer Human Resource Consulting, 2005 Cost-of-Living Survey
2005

code:
Rank City 1 Tokyo, Japan 2 Osaka, Japan 3 London, United Kingdom 4 Moscow, Russia 5 Seoul, South Korea 6 Geneva, Switzerland 7 Zurich, Switzerland 8 Copenhagen, Denmark 9 Hong Kong, Hong Kong 10 Oslo, Norway 11 Milan, Italy 12 Paris, France 13 New York City, United States 13 Dublin, Ireland 15 St. Petersburg, Russia 16 Vienna, Austria 17 Rome, Italy 18 Stockholm, Sweden 19 Beijing, China 20 Sydney, Australia 20 Helsinki, Finland 22 Douala, Cameroon 22 Istanbul, Turkey 24 Amsterdam, Netherlands 24 Budapest, Hungary 26 Abidjan, Côte d'Ivoire 27 Warsaw, Poland 28 Prague, Czech Republic 29 Taipei, Taiwan 30 Shanghai, China 31 Bratislava, Slovak Republic 32 Düsseldorf, Germany 33 Luxembourg, Luxembourg 34 Singapore, Singapore 34 Frankfurt, Germany 36 Dakar, Senegal 37 Munich, Germany 38 Berlin, Germany 39 Tel Aviv, Israel 40 Glasgow, United Kingdom 41 Athens, Greece 41 Brussels, Belgium 43 Barcelona, Spain 44 Los Angeles, United States 45 White Plains, United States 46 Madrid, Spain 47 Birmingham, United Kingdom 48 Zagreb, Croatia 49 Hamburg, Germany 50 Hanoi, Vietnam 50 San Francisco, United States 52 Chicago, United States 52 Beirut, Lebanon 54 Riga, Latvia 54 Kiev, Ukraine 56 Ho Chi Minh, Vietnam 57 Miami, United States 58 Algiers, Algeria 59 Casablanca, Morocco 60 Tallin, Estonia 61 Lyon, France 61 Honolulu, United States 63 Shenzhen, China 64 Abu Dhabi, United Arab Emirates 65 Guangzhou, China 66 Lisbon, Portugal 67 Amman, Jordan 68 Melbourne, Australia 69 Auckland, New Zealand 70 Houston, United States 71 Jakarta, Indonesia 72 Kuwait City, Kuwait 73 Dubai, United Arab Emirates 74 San Juan, Puerto Rico 75 Almaty, Kazakhstan 76 Wellington, New Zealand 76 Ljubljana, Slovenia 78 Washington, D.C., United States 79 Boston, United States 80 Morristown, United States 81 Sofia, Bulgaria 82 Toronto, Canada 83 Atlanta, United States 84 Brisbane, Australia 85 Leipzig, Germany 86 Manama, Bahrain 87 Vancouver, Canada 88 Riyadh, Saudi Arabia 89 Jeddah, Saudi Arabia 89 Adelaide, Australia 91 Vilnius, Lithuania 91 Accra, Ghana 93 Perth, Australia 94 Denver, United States 95 Mexico City, Mexico 96 Lagos, Nigeria 97 Cairo, Egypt 98 Calgary, Canada 99 Santo Domingo, Dominican Republic 100 Limassol, Cyprus 101 Detroit, United States 102 St. Louis, United States 103 Seattle, United States 103 Bucharest, Romania 105 Kingston, Jamaica 105 Mumbai, India 107 Montreal, Canada 108 Guatemala City, Guatemala 109 Cleveland, United States 110 New Delhi, India 111 Pittsburgh, United States 112 Portland (Ore.), United States 113 Bandar Seri Begawan, Brunei 114 Panama City, Panama 115 Monterrey, Mexico 116 Johannesburg, South Africa 117 Kuala Lumpur, Malaysia 118 Lima, Peru 119 Nairobi, Kenya 119 Winston-Salem, United States 119 São Paulo, Brazil 122 Ottawa, Canada 123 Lusaka, Zambia 124 Rio de Janeiro, Brazil 125 Bangkok, Thailand 126 Tunis, Tunisia 127 Dacca (Dhaka), Bangladesh 128 Santiago, Chile 129 Tehran, Iran 130 Blantyre, Malawi 131 Tianjin, China 132 Colombo, Sri Lanka 133 Bogotá, Colombia 134 Harare, Zimbabwe 135 San José, Costa Rica 136 Karachi, Pakistan 137 Quito, Ecuador 138 Chennai (Madras), India 138 Caracas, Venezuela 140 Montevideo, Uruguay 141 Bangalore, India 142 Buenos Aires, Argentina 143 Manila, Philippines 144 Asunción, Paraguay

Japher is offline Japher
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Jun 2002
time: 05:21
  Old Post 28-06-2005 20:26
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quote:
soCalifornians are always *****-ing about how expensive San Francisco


we just betch loudest

Barinthus is offline Barinthus
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A Magical Moment...
Jan 2004
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  Old Post 28-06-2005 20:28
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Istanbul's #22? I thought it'd be cheaper - I read it somewhere that you could spend $5 a day there and still have a posh vacation.

Also I'm surprised that Dubai didn't make it higher. From what I've heard, it's a pretty expensive place. I guess not to live but to visit.

Barinthus is offline Barinthus
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Jan 2004
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  Old Post 28-06-2005 20:31
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quote:
Originally posted by Japher


we just betch loudest
Heh probably too many of NoCalifornians being too stoned to do so.

Lawrence of Arabia is offline Lawrence of Arabia
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Apr 2001
time: 06:21
  Old Post 28-06-2005 20:42
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european countries should be adjusted downward by 5.9% to take into account the euros gain in value against the US dollar (mercer doesnt do PPP)

doing so, and comparing the 2004, you can see that many euro cities had only small increases in cost of living compared to USA (some even had negative increases)

JimmyCracksCorn is offline JimmyCracksCorn
Settler
Macedonia - Sovereign country north of Greece.
Dec 2002
time: 05:21
  Old Post 28-06-2005 23:22
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quote:
Heading north, Ottawa will provide you with the most bang for your buck in North America.


Hell yeah!

Actually I'm not too sure what kind of means these people are using to judge how expensive a city is. I know when I lived in Boston public transit, groceries/restaurants were qutie a bit cheaper than what I find here in Ottawa - and those account for large portions of my monthly expenses.

Of course, housing is a lot cheaper so maybe it evens out. Still, I'm curious how they are determining these things.

Theben is offline Theben
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Jan 1970
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  Old Post 28-06-2005 23:27
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Considering some of those places I'm surprised Indianapolis isn't on the list. It ain't that expensive, but it's gotta be more than most of those 3rd world cities...

Flubber is offline Flubber
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Aug 2000
time: 22:21
  Old Post 28-06-2005 23:27
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ya . . . methodology would be interesting. I don't know if they consider currency changes ( they probably convert to USD so this one may be covered) or even changes in the tax structure, how health care is paid for etc . . . one would think that all those things factor in as they would all be concerns of employees moving there

JimmyCracksCorn is offline JimmyCracksCorn
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Macedonia - Sovereign country north of Greece.
Dec 2002
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  Old Post 28-06-2005 23:27
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By the way, I'm renting a 4 bedroom townhouse with a basement and a rec room for $1,215 per month.

Do you guys consider that cheap?

Japher is offline Japher
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Jun 2002
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  Old Post 28-06-2005 23:28
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quote:
Considering some of those places I'm surprised Indianapolis isn't on the list.


Are you in Indianapolis?

Japher is offline Japher
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Jun 2002
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  Old Post 28-06-2005 23:29
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quote:
By the way, I'm renting a 4 bedroom townhouse with a basement and a rec room for $1,215 per month.

Do you guys consider that cheap?


Yes.

mrmitchell is offline mrmitchell
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Sep 2002
time: 23:21
  Old Post 28-06-2005 23:36
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Forget about New York, Chicago, or Denver.

The cheapest state to live in in the Union is still Arkansas.

Y'all better get in quick on this oppurtunity quick.

Flubber is offline Flubber
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Aug 2000
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  Old Post 28-06-2005 23:36
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quote:
Originally posted by Theben
Considering some of those places I'm surprised Indianapolis isn't on the list. It ain't that expensive, but it's gotta be more than most of those 3rd world cities...


Simply may not have been surveyed-- I mean the US has how many cities with a million or more people?

Although, Canadian cities were as follows

Toronto 82
vancouver 87
Calgary 98
Montreal 107
Ottawa 122

so they hit most Canadian places ( Edmonton is the only notable exception of larger places).

Flubber is offline Flubber
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With a view of the Rockies
Aug 2000
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  Old Post 28-06-2005 23:39
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quote:
Originally posted by JimmyCracksCorn
By the way, I'm renting a 4 bedroom townhouse with a basement and a rec room for $1,215 per month.

Do you guys consider that cheap?



Calgary Downtown, that would be an incredible deal
Calgary- Nicer burbs, still a good deal
Calgary --Outer burbs or not so nice --yawn

Rural newfoundland-- What a ripoff

Lancer is offline Lancer
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Oregon Coast, USA! or Bohol, Philippines!
Apr 1999
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  Old Post 29-06-2005 00:36
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I paid $35 in Zurich for 2 gin and freakin tonics. 10 YEARS ago!

That's like P1800, or 7 days pay for the mason/carpenter that was about to get his engineering degree in the Phils that we hired to build our house.

Europe is so damned spendy!

Lancer is offline Lancer
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Oregon Coast, USA! or Bohol, Philippines!
Apr 1999
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  Old Post 29-06-2005 00:38
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quote:
Originally posted by Theben
Considering some of those places I'm surprised Indianapolis isn't on the list. It ain't that expensive, but it's gotta be more than most of those 3rd world cities...


Very true. I can find you a place to stay in Manila for $5 a day. More if you want a pot to piss in though...

BeBro is offline BeBro
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Mar 2000
time: 06:21
  Old Post 29-06-2005 00:41 Visit BeBro's homepage!
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Düsseldorf above Munich? Unbelievable!

Boris Godunov is offline Boris Godunov
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Portland, OR
Aug 2001
time: 00:21
  Old Post 29-06-2005 02:03
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I went from this:

quote:

13 New York City, United States


to this:

quote:

112 Portland (Ore.), United States


I'm paying about the same I was paying in NY for rent (my share, I mean, not the total). But I'm getting much, much more. I also have a car now, which I couldn't have in NY.

Portland is a lovely city--very liveable, and lacking the huge crowds that drove me nuts in NY.

Sprayber is offline Sprayber

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Dixie
Oct 2000
time: 23:21
  Old Post 29-06-2005 02:08
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quote:
Originally posted by mrmitchell
Forget about New York, Chicago, or Denver.

The cheapest state to live in in the Union is still Arkansas.

Y'all better get in quick on this oppurtunity quick.



We don't want all those people coming down here.

If everyone was here than it wouldn't be cheap anymore.

Commy is offline Commy
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St. Louis, MO, USA
Mar 2004
time: 05:21
  Old Post 29-06-2005 02:19
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quote:
Originally posted by mrmitchell
Forget about New York, Chicago, or Denver.

The cheapest state to live in in the Union is still Arkansas.

Y'all better get in quick on this oppurtunity quick.


Ever heard of Alabama?

BlackCat is offline BlackCat
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Jul 2004
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  Old Post 29-06-2005 03:13
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quote:
Originally posted by Lawrence of Arabia
european countries should be adjusted downward by 5.9% to take into account the euros gain in value against the US dollar (mercer doesnt do PPP)

doing so, and comparing the 2004, you can see that many euro cities had only small increases in cost of living compared to USA (some even had negative increases)




That would be true if europeans spend their money on american stuff, but since most consumer goods are domestic or at least from the euro zone it doesn't make sense. The same goes for raw materials and industrial goods.

Bosh is offline Bosh
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Taehan Mingook
Jan 1970
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  Old Post 29-06-2005 03:18
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That list is such unbelievable BS. Seoul more expensive than New York except for the real estate bubble prices for a lot of basic stuff are far far far lower here.

Provost Harrison is offline Provost Harrison
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The farce is strong with this one.
Feb 2000
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  Old Post 29-06-2005 03:21
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quote:
Originally posted by JimmyCracksCorn
By the way, I'm renting a 4 bedroom townhouse with a basement and a rec room for $1,215 per month.

Do you guys consider that cheap?


Well I live in #3 now, so yeah, that is cheap...

Dr Zoidberg is offline Dr Zoidberg

King
Communist Party of Apolyton
Jan 2002
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  Old Post 29-06-2005 03:29
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Gothenburg (Swedens second largest city - my hometown) isn´t even on the list. I think it´s pretty expensive here though... I pay $380 for a small (32 square meters) studio apartment. I live in a rather nice part of the town, but it isn´t much cheaper in the "projects"...

Provost Harrison is offline Provost Harrison
Emperor
The farce is strong with this one.
Feb 2000
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  Old Post 29-06-2005 03:31
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I live in a two bedroom house, decent size, which costs me £700 a month...

Lawrence of Arabia is offline Lawrence of Arabia
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Apr 2001
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  Old Post 29-06-2005 03:31
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i'll be in #6 next year - yay. san diego didnt even make the list, and sf checked in at #50.

Dr Zoidberg is offline Dr Zoidberg

King
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Jan 2002
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  Old Post 29-06-2005 03:36
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PH, £700 a month?? Ouch...

Provost Harrison is offline Provost Harrison
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Feb 2000
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  Old Post 29-06-2005 03:45
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That's right! And this isn't an especially expensive area either...

BlackCat is offline BlackCat
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Jul 2004
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  Old Post 29-06-2005 03:47
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quote:
Originally posted by Dr Zoidberg
Gothenburg (Swedens second largest city - my hometown) isn´t even on the list. I think it´s pretty expensive here though... I pay $380 for a small (32 square meters) studio apartment. I live in a rather nice part of the town, but it isn´t much cheaper in the "projects"...


I guess that there are a reason to the fact that Gothenburg isn't on the list. For $380 you can rent a 12 sqare meter room with shared toilet and kitchen in a Copenhagen suburb. Forget about renting it in central parts - there a 40 sqm "appartment" are for sale at 1 mill dkr ~ 1.2 mill skr ($1 = 7 dkr)

 
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